The novel blockchain platform Mina Protocol (MINA) received a valuation of almost $ 600 million shortly after it was launched.

The “light” blockchain started the MINA token on May 31st on CoinList and was listed on Kraken shortly afterwards on June 1st.

During its time in the market, MINA peaked at over $ 9.09 with a market cap of over $ 1.15 billion. It hit a low of $ 2.78, according to CoinGecko, before climbing to its current price of $ 3.92 with a market cap of $ 585 million.

The project advertises its fixed micro size compared to other blockchains. Mina states on her website that the entire blockchain is only 22 kilobytes in size, “the size of a few tweets”.

Because the Mina protocol is so small, the network doesn’t need any third-party nodes, so anyone can quickly connect and check the chain. The new crypto project also introduced its security features with Snapps – Succinct Non-Interactive Argument of Knowledge of Decentralized Applications – which allow users to review a set of data without revealing its details. In addition, Snapps can privately interact with any website and access real-world data for on-chain consumption.

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According to Dailyhodl

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